“We
need
to
move
to
a
level
where
we
reach
26%
shareholding
in
most
of
the
big
projects,”
Zimbabwe’s
Secretary
for
Mines
Pfungwa
Kunaka
told
Bloomberg
in
an
interview.
“A
lot
of
these
things
would
take
negotiations
with
the
investors
that
are
on
the
ground.”
Kunaka
declined
to
say
how
the
government
would
finance
acquiring
stakes
in
established
mining
projects.
Resource
nationalism
is
strengthening
across
Africa
as
countries
seek
a
greater
share
of
the
profits
from
their
commodities,
while
addressing
historical
imbalances
in
the
wealth
flows
from
mining.
Zimbabwe
mines
a
number
of
metals,
such
as
gold,
platinum,
lithium
and
chrome,
with
operators
including
Zimplats
Holdings
Ltd.,
Anglo
American
Platinum
Ltd.’s
Unki
mine
and
RioZim
Ltd.
“Obviously
when
you
have
decisions
which
were
made
some
years
back
and
decisions
were
made
on
the
basis
of
a
certain
framework,
you
cannot
just
willy-nilly
go
and
change
that,”
Kunaka
said.
“It
takes
negotiations.”
Kunaka
did
not
disclose
the
minimum
value
of
mining
assets
in
which
the
government
would
want
a
shareholding,
saying
that
details
will
be
released
later.
The
policy
would
be
introduced
from
next
year,
he
said.
Zimbabwe
has
a
15%
free
carry
shareholding
in
platinum
miner,
Karo
Resources,
according
to
its
website.
–With
assistance
from
Desmond
Kumbuka.